Market Performance
Adani Green Energy's share price saw a modest uptick on Monday, gaining over 1% in early trade following a significant operational milestone.
- The stock rose as much as 1.37% to ₹1,029.75 apiece on the BSE.
- As of 10:30 AM, Adani Green Energy's share price was trading 0.46% higher at ₹1,020.40.
Despite recent gains:
- The share price has remained flat over the last month
- Gained 7% in the previous three months
- Dropped 3% year-to-date (YTD)
- Declined 43% in the past year
- But delivered a strong 185% return over five years
Main News: Capacity Surpasses 15,000 MW
Adani Green Energy has announced that its installed renewable energy capacity has surpassed 15,000 megawatts (MW), marking a significant achievement in India's clean energy landscape.
The company operationalized 1,011.5 MW of new power projects in Khavda, Gujarat, through its step-down subsidiaries. This move brings its total operational capacity to 15,539.9 MW.
Breakdown of the operational capacity:
- Solar: ~11,005.5 MW
- Wind: ~1,977.8 MW
- Wind-Solar Hybrid: ~2,556.6 MW
This development sets a new benchmark for renewable capacity additions in the country, both in terms of scale and speed.
Company Details: First to Cross 15,000 MW in India
Adani Green Energy has become the first and only renewable energy company in India to reach this capacity milestone. The expansion has primarily been driven through greenfield projects.
Its current operational portfolio is capable of powering approximately 7.9 million households, further solidifying its leadership in the sustainable energy sector.
Khavda: World's Largest Renewable Energy Project
Adani Green Energy is leading the development of the world's largest renewable energy project in Khavda, Kutch, Gujarat.
Key Highlights:
- Planned capacity: 30,000 MW
- Spread across: 538 square kilometers
- Scale: Five times the size of Paris
- Visibility: Will be visible from space
So far, the company has operationalized 5,355.9 MW at Khavda, making it one of the most ambitious renewable infrastructure projects globally.
Summary
Adani Green Energy's share price is reacting positively to the company's announcement of crossing 15,539.9 MW of operational renewable energy capacity. With a diversified portfolio across solar, wind, and hybrid projects, the company has achieved an industry-first milestone and continues to lead India's green energy transformation.
The development of the Khavda project, touted as the world's largest renewable power plant, underscores Adani Green Energy's long-term vision and commitment to clean energy growth.
The Adani Green Energy share price continues to draw investor attention, driven by such high-impact operational achievements and a strong renewable pipeline.
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